SHI International Corp

SHI International Corp.

Company type	Private
Industry	B2B, IT products and services
Founded	November 1989
Founder	Thai Lee and Leo KoGuan
Headquarters	Somerset, New Jersey , United States
Area served	Worldwide
Revenue	$14 billion
Owner	Thai Lee, CEO and President
Number of employees	6,000 employees
Website	www.shi.com

SHI International Corp. (commonly referred to as SHI), headquartered in Somerset, New Jersey, is a privately owned provider of IT infrastructure, end-user computing, cybersecurity, and IT optimization products and services. SHI has customers in the non-profit, private, and public sectors.^[1] It has 6,000 employees across more than 35 offices^[2] in the United States,^[3] Canada,^[4] France,^[5] Hong Kong,^[6] Singapore, and the United Kingdom.^[7] SHI has amassed 17,000 customers, including companies such as Boeing, Johnson & Johnson and AT&T.^[8]

SHI operates two integration centers in Piscataway, New Jersey (Knox^[9] – 305,000-sq. ft. and Ridge^[10] – 400,000-sq. ft.), along with three international integration centers (Nexus in the U.K., Tiel in the Netherlands, and Tampines in Singapore).

History

SHI was founded in November 1989 by Thai Lee^[11] and Leo KoGuan (co-founder and chairman of the board).^[12]

In 2016, SHI acquired Eastridge, a Microsoft services provider.

In Q1 of 2017, SHI launched AWS Support Services for public cloud and forecasts, managing over $1 billion in customers' Microsoft Cloud assets in 2017.^[13]

In 2017, SHI acquired eTelligent Solutions, Inc. (ESI),^[14] the maker of the cloud-based Technology Asset Management (TAM) platform.

In 2018, Sonde Health Inc., an affiliate of PureTech Health appointed SHI's president and CEO, Thai Lee, to its board of directors.

In 2019, SHI signed a seven-year naming rights partnership with Rutgers University's football stadium^[15] in Piscataway, New Jersey (now known as SHI Stadium).

In 2020, SHI's Austin, Texas, office moved into Garza Ranch^[16] to keep pace with the company's growth.

In 2020, SHI launched Stratascale, a new subsidiary focused on delivering digital agility and technology consulting.^[17]

In July 2022, SHI was shut down for a week due to a cyber attack.^[18]

In 2022, SHI Healthcare launched.

In 2022, SHI became an official technology partner of the LPGA Tour.^[19]

In 2023, LPGA Tour golfers Allisen Corpuz and Annie Park became official SHI brand ambassadors.^[20]

Operations

Recent public contracts

2022

In July 2022, SHI signed a multi-year NASPO ValuePoint Software Value-Added Reseller (SVAR) contract enabling states, cities, counties, municipalities, special districts, K-12 schools, colleges and universities, and quasi-government and nonprofit organizations full access and ability to procure SHI software and a range of supporting services.^[21]

2021

In October 2021, SHI signed a four-year contract with the Indiana Department of Administration to provide desktops, laptops, tablets, monitors, printers, peripherals, and lifecycle management services to the state's government agencies and educational institutions.^[22]

2020

In August 2020, SHI was awarded a prime contract for Army ITES-SW2, which allows the Army to procure software and related services.

In May 2020, SHI was awarded a prime contract for NASA SEWP V Category A&D, which allows all federal agencies to procure IT services, hardware, software, and a variety of speciality IT offerings.

In March 2020, SHI signed a multi-year Sourcewell contract that provides increased administrative efficiencies and competitive purchasing options to state and local government and K-12 and higher education institutions across the public sector agency spectrum.^[23]

2019

In February 2019, SHI signed a GSA IT Schedule 70 contract that allows all federal, state, and local entities to procure IT services, hardware, software, and a variety of speciality IT offerings.

2018

In November 2018, SHI was awarded a prime contract for DoD ESI Microsoft, which allows Department of Defense agencies, the intelligence community, the United States Coast Guard, and foreign military sales the ability to procure Microsoft-related products and offerings.

In November 2018, SHI won a spot on a 10-year, $3.17 billion blanket purchase agreement from the U.S. Navy to provide worldwide perpetual licenses and annual subscriptions for Microsoft-made software products to the Defense Department, intelligence community, and U.S. Coast Guard.

Ownership

SHI is owned by billionaire co-founders and former spouses Thai Lee^[11] and Leo KoGuan. Lee is the CEO and president of the company^[24][25] and KoGuan is the non-executive chairman; he is also Tesla, Inc.'s third largest private shareholder after Elon Musk and Larry Ellison.^[26]

SHI is the largest Minority- and Woman-Owned Business Enterprise (MWBE) in the U.S.^[27] In 2023, it was named one of America's Best Midsize Employers by Forbes.^[28] In 2020, it was included on Forbes' list of America's Best Employers for Women.^[29]

References

1. "SHI Posts $7.56 Billion in Revenue for 2016". www.businesswire.com. Retrieved 2017-03-07.
2. "About Us | IT Products and Solutions Provider | shi.com". www.shi.com. Retrieved 2017-03-07.
3. "About Us | Locations | shi.com". www.shi.com. Retrieved 2017-03-07.
4. "SHI – Computer Software, Hardware and IT Solutions | Home | shi.ca". www.shi.ca. Retrieved 2017-03-07.
5. "SHI - Logiciels informatiques, Matériel et Solutions IT | Accueil | shi.fr". www.shi.fr (in French). Retrieved 2017-03-07.
6. "About Us | Locations | shi.com". www.shi.com. Retrieved 2017-03-07.
7. "SHI – Computer Software, Hardware and IT Solutions | Home | uk.shi.com". www.uk.shi.com. Retrieved 2017-03-07.
8. Ewalt, David M. "The Modest Tycoon Behind America's Biggest Woman-Owned Business". Forbes.
9. "Integration Center | Custom Device Configuration | shi.com". www.shi.com. Retrieved 2017-03-07.
10. "SHI Opens Ridge Integration Center to Expand Capacity for Data Center Solutions". www.businesswire.com. 2019-10-10. Retrieved 2020-02-26.
11. Ewalt, David M. "The Modest Tycoon Behind America's Biggest Woman-Owned Business". Forbes. Retrieved 2017-03-07.
12. "About Us | Executive Leadership | shi.com". www.shi.com. Retrieved 2017-03-07.
13. "SHI Posts Another Record Q1, Launches Support Services Program for Public Cloud". www.businesswire.com. Retrieved 2017-06-06.
14. "SHI Acquires eTelligent Solutions to Expand and Enhance Technology Asset Management". Retrieved 2018-04-03.
15. Sargeant, Keith (July 19, 2019). "Rutgers signs massive naming-rights deal for football stadium | Here are the complete terms". nj.com.
16. October 16, Lisa Brown |; PM, 2019 at 10:00. "Plans for Final Phase of Garza Ranch Look to Nature". GlobeSt. Retrieved 2020-02-26.
17. "SHI Launches Stratascale, New Subsidiary Focused on Delivering Digital Agility and Technology Consulting". www.businesswire.com. 2020-11-02. Retrieved 2020-11-12.
18. "SHI Cyberattack: 'Vast Majority' Of Systems Now 'Fully Operational'". 2022-11-18.
19. "DIRECTORY OF MARKETING PARTNERS | LPGA | Ladies Professional Golf Association". LPGA. Retrieved 2023-03-28.
20. "SHI International Named One of America's Best Midsize Employers by Forbes". www.businesswire.com. 2023-03-14. Retrieved 2023-03-28.
21. SHI Staff (2022-07-15). "SHI's NASPO ValuePoint SVAR cooperative contract". The SHI Resource Hub. Retrieved 2023-03-28.
22. "SHI Signs IT Hardware Contract with Indiana DOA | News". Accelerator. Retrieved 2023-03-28.
23. "Contracts | PSContract". Accelerator. Retrieved 2023-03-28.
24. "Forbes' 2018 list of billionaires". Forbes. Archived from the original on April 10, 2014.
25. Gross, Elana Lyn. "MacKenzie Bezos And The Other 55 Richest Women In America 2019". Forbes. Retrieved 2019-10-03.
26. Melin, Anders; Hull, Dana (2021-10-29). "Tesla's Hidden Billionaire: How a Retail Trader Made $7 Billion". Bloomberg.com.
27. "SHI International Receives Certification by the Women's Business Enterprise National Council". www.businesswire.com (Press release). 15 March 2013. Retrieved 2017-03-07.
28. "SHI International Named One of America's Best Midsize Employers by Forbes". www.businesswire.com. 2023-03-14. Retrieved 2023-03-28.
29. "SHI Named One of Forbes' Best Employers for Women 2020". www.businesswire.com. 2020-07-31. Retrieved 2020-08-03.